Dogecoin, the top dog meme coin, has done it again and has winged its way by more than 4% following a Twitter post by Tesla CEO Elon Musk that read: \u201cX AE A-XII loves Doges\u201d with a video showing his son playing with Shiba Inu dogs.<\/p>\n
Musk and his son X also posted photos via Twitter that show off their matching haircuts. The billionaire admits to cutting both his own as well as his son\u2019s hair. Interestingly enough, Twitter user @cb_doge was able to dig up a couple of old photos of the Tesla big boss and compared Musk to his son.<\/p>\n
Last June, Business Insider announced that the Tesla billionaire officially fathered twins together with Shivon Zilis, Neuralink top executive. To date, Musk now has over 10 kids.<\/p>\n
Dogecoin Price Spikes By More Than 16%<\/p>\n
X is Musk\u2019s child with Claire Boucher, a Canadian pop star. Evidently, Boucher separated with Musk after they had their second child.<\/p>\n
The Tesla CEO also said that he will be posting another photo on Tuesday together with his Floki Inu dog.<\/p>\n
Following Musk\u2019s amusing tweet, DOGE token has surged by more than 16%. It was in mid-June that Musk faced a $258-billion lawsuit accusing the billionaire of involvement with crypto pyramid schemes.<\/p>\n
Dogecoin bulls hoisted a robust buying pressure spotted at the support zone of $0.06. This somehow triggered a revival that shoots above the red or Point of Control (POC). In order to push through the break in volatility, DOGE is shoveling near-term gains.<\/p>\n
DOGE Bullish, Set To Reap More Gains<\/p>\n
DOGE\u2019s four-hour chart shows a bullish pattern as sellers face threats. As of this writing, DOGE trades at $0.0727, showing an increment of 3.61% seen overnight.<\/p>\n
After breaking through the resistance line of $0.07, Dogecoin was able to shave roughly 21% off its TVL which paired with the coin\u2019s weekly lows seen on July 26.<\/p>\n
DOGE was extremely bullish as seen in the past couple of days. Predictably, a bearish reversal may happen within the range of $0.0715-$0.071. Evidently, the bears could show up in the range $0.073-$0.076 posing hurdles.<\/p>\n
Similarly, DOGE\u2019s RSI reached the overbought zone as of this writing. A reversal is imminent from the nearest resistance range. More so, the Volume Oscillator also showed a bullish divergence triggered by the higher dips seen in the past couple of days that stirred up buying volumes.<\/p>\n
With the bullish breakout, DOGE could fan the flames and reap more gains reaching a near-term reversal.<\/p>\n\n
ADA total market cap at $16.7 billion on the daily chart | Source: TradingView.com<\/p>\n
Featured image from Analytics Insight, chart from TradingView.com<\/p>","protected":false},"excerpt":{"rendered":"
<\/p>\n
Dogecoin, the top dog meme coin, has done it again and has winged its way by more than 4% following a Twitter post by Tesla CEO Elon Musk that read: \u201cX AE A-XII loves Doges\u201d with a video showing his son playing with Shiba Inu dogs.<\/p>\n
Musk and his son X also posted photos via Twitter that show off their matching haircuts. The billionaire admits to cutting both his own as well as his son\u2019s hair. Interestingly enough, Twitter user @cb_doge was able to dig up a couple of old photos of the Tesla big boss and compared Musk to his son.<\/p>\n
Last June, Business Insider announced that the Tesla billionaire officially fathered twins together with Shivon Zilis, Neuralink top executive. To date, Musk now has over 10 kids.<\/p>\n
Dogecoin Price Spikes By More Than 16%<\/p>\n
X is Musk\u2019s child with Claire Boucher, a Canadian pop star. Evidently, Boucher separated with Musk after they had their second child.<\/p>\n
The Tesla CEO also said that he will be posting another photo on Tuesday together with his Floki Inu dog.<\/p>\n
Following Musk\u2019s amusing tweet, DOGE token has surged by more than 16%. It was in mid-June that Musk faced a $258-billion lawsuit accusing the billionaire of involvement with crypto pyramid schemes.<\/p>\n
Dogecoin bulls hoisted a robust buying pressure spotted at the support zone of $0.06. This somehow triggered a revival that shoots above the red or Point of Control (POC). In order to push through the break in volatility, DOGE is shoveling near-term gains.<\/p>\n
DOGE Bullish, Set To Reap More Gains<\/p>\n
DOGE\u2019s four-hour chart shows a bullish pattern as sellers face threats. As of this writing, DOGE trades at $0.0727, showing an increment of 3.61% seen overnight.<\/p>\n
After breaking through the resistance line of $0.07, Dogecoin was able to shave roughly 21% off its TVL which paired with the coin\u2019s weekly lows seen on July 26.<\/p>\n
DOGE was extremely bullish as seen in the past couple of days. Predictably, a bearish reversal may happen within the range of $0.0715-$0.071. Evidently, the bears could show up in the range $0.073-$0.076 posing hurdles.<\/p>\n
Similarly, DOGE\u2019s RSI reached the overbought zone as of this writing. A reversal is imminent from the nearest resistance range. More so, the Volume Oscillator also showed a bullish divergence triggered by the higher dips seen in the past couple of days that stirred up buying volumes.<\/p>\n
With the bullish breakout, DOGE could fan the flames and reap more gains reaching a near-term reversal.<\/p>\n
ADA total market cap at $16.7 billion on the daily chart | Source: TradingView.com<\/p>\n
Featured image from Analytics Insight, chart from TradingView.com<\/p>\n
<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-4760","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/4760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=4760"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/4760\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=4760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=4760"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=4760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}